Tilray® Announces International Advisory Board

Ten internationally-renowned business and government leaders to
advise company on global expansion

NANAIMO, British Columbia--(BUSINESS WIRE)--Dec. 13, 2018--
Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production and
distribution, today announced the formation of its International
Advisory Board, an esteemed group of business and government leaders who
will provide guidance to Tilray’s executive team and Board of Directors
as the company pursues its aggressive global growth strategy.

“We are honored to welcome this impressive group of distinguished
leaders to the Tilray team,” says Brendan Kennedy, Tilray CEO. “As we
pioneer the future of our industry around the world, the experts on our
International Advisory Board will advise us on our rapidly expanding
global business.”

Inaugural members of Tilray’s International Advisory Board include:

Governor Howard Dean is a former Democratic National Committee
(DNC) Chairman, presidential candidate, six-term Governor of Vermont,
and physician. Gov. Dean is also the founder of Democracy for America,
a lecturer at Yale University and a strategic consultant for the
global law firm Dentons.

Michael Steele made history when he was elected Lieutenant
Governor of Maryland in 2003, as the first African American elected to
statewide office; and again, with his subsequent chairmanship of the
Republican National Committee (RNC). Under Mr. Steele’s leadership the
RNC broke fundraising records and led Republicans to win 63 House
seats in 2010, the biggest pick-up since 1938. Mr. Steele is an
accomplished author and media commentator.

The Honourable Lloyd Axworthy P.C., C.C., O.M.,is the
chair of the World Refugee Council and one of Canada’s leading voices
on global migration and refugee protection. Throughout his 27-year
political career, he served as Canada’s Minister of Foreign Affairs
and Minister of Employment and Immigration, among other postings.

Joschka Fischer served as Foreign Minister and Vice Chancellor
of the Federal Republic of Germany. He is a member of the Board of
Trustees of the International Crisis Group and a member of the
Executive Board of the European Council on Foreign Relations. Mr.
Fischer also currently serves as Managing Partner of Joschka Fischer &
Company, a global strategy firm, where he advises clients on issues
relating to Germany and the European Union.

Jaime Gama is the longest-serving Portuguese Minister of
Foreign Affairs. Over a distinguished career in public policy, Mr.
Gama served as Minister of Foreign Affairs, Minister of Home Affairs,
Minister of Defense, and Minister of State. He was a member of the
Government in 2001 when Portugal approved its decriminalization and
harm reduction drug policy. He was elected Member of Parliament and
served as the Speaker of the Parliament. Mr. Gama serves as the
chairman of a bank and of a private foundation.

The Honourable Alexander John Gosse Downer, AC, was the
longest-serving Minister for Foreign Affairs in Australia in history,
holding his position for ten years. He also served has High
Commissioner to the United Kingdom. Mr. Downer was a diplomat in the
Department of Foreign Affairs, serving in the Australian Mission to
the European Union, the Australian Representation to the North
Atlantic Treaty Organization (NATO) and at Australian embassies in
Belgium and Luxembourg.

Rt Hon Sir Donald McKinnon, ONZ, GCVO, was New Zealand’s
longest serving Minister of Foreign Affairs and Trade and held the
portfolios of Disarmament and Arms Control, Veteran’s Affairs, War
Pensions, and Pacific Island Affairs. Mr. McKinnon served as Deputy
Prime Minister, Leader of the House and was appointed a member of Her
Majesty’s Privy Council. He was nominated for the Nobel Peace Prize
for his work in initiating and overseeing the ceasefire between
Bougainvilleans and the Papua New Guinea Government in 1997.

María Lorena Gutiérrez Botero served asMinister of
Commerce, Industry and Tourism, as well as Ambassador of Colombia to
Germany, as a member of President Juan Manuel Santos’ government. Ms.
Gutiérrez has served as a member of numerous boards of directors of
international organizations and universities, such as the European
Foundation for Management Development, the Sumaq Alliance, the Latin
American Council of Administration Schools, the Business Association
for Latin American Studies and the Quality Corporation of Colombia.

James O’Brien served two U.S. administrations as Special
Presidential Envoy. Mr. O’Brien has been Senior Advisor to the U.S.
Secretary of State and served as the Principal Deputy Director of
Policy Planning at the State Department. Mr. O’Brien currently serves
as Vice Chair of Albright Stonebridge Group (ASG) and heads up the
firm’s practice in Europe.

Dr. Lorna Marsden is a former Canadian Senator from Ontario who
was appointed to the position by former Prime Minister Pierre Trudeau.
She served in the Senate for eight and a half years, where she was a
member of the Standing Committee on National Finance and chairwoman of
the Standing Committee on Social Affairs, Science and Technology. Dr.
Marsden also served as President and Vice-Chancellor of York
University and President and Vice-Chancellor of Wilfrid Laurier
University in Waterloo, Ontario.

About Tilray®

Tilray is a global pioneer in the research, cultivation, production and
distribution of cannabis and cannabinoids is currently serving tens of
thousands of patients in twelve countries spanning five continents.

Cautionary Note regarding Forward-looking Statements

This press release contains “forward-looking statements”, which may
be identified by the use of words such as, “may”, “would”, “could”,
“will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”,
“forecast”, “project”, “estimate”, “outlook” and other similar
expressions, including statements related to Tilray’s global strategy
and the International Advisory Board. Forward-looking statements are not
a guarantee of future performance and are based upon a number of
estimates and assumptions of management in light of management’s
experience and perception of trends, current conditions and expected
developments, as well as other factors that management believes to be
relevant and reasonable in the circumstances, including assumptions in
respect of current and future market conditions. Actual results,
performance or achievement could differ materially from that expressed
in, or implied by, any forward-looking statements in this press release,
and, accordingly, you should not place undue reliance on any such
forward-looking statements and they are not guarantees of future
results. Forward-looking statements involve significant risks,
assumptions, uncertainties and other factors that may cause actual
future results or anticipated events to differ materially from those
expressed or implied in any forward-looking statements. Please see the
heading “Risk Factors” in Tilray’s Quarterly Report on Form 10-Q for the
quarter ended June 30, 2018 and the risks discussed in Tilray’s other
filings with the Securities and Exchange Commission for a discussion of
the material risk factors that could cause actual results to differ
materially from the forward-looking information. Tilray does not
undertake to update any forward-looking statements that are included
herein, except in accordance with applicable securities laws.